Nov 5th, 2009 - Bloomberg
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Nov. 5 (Bloomberg) -- Toyota Motor Corp., the world’slargest carmaker, narrowed its full-year net loss forecast for asecond time after government stimulus measures revived vehicledemand in the U.S. and Asia.
The company expects a net loss of 200 billion yen ($2.2billion) in the year ending March 31, compared with an earlierforecast for a 450 billion yen loss, it said in a statementtoday. The company posted an unexpected second-quarter profit of21.8 billion yen.
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